Tuesday, October 2, 2007

James Brown's Estate Gets Robbed



Is it hard to rest in peace after living a long life? Apparently so if you’re James Brown. Months after finally being buried, drama continues to invade the afterlife of the Godfather of Soul, as a former trustee is under the microscope for misappropriating $7 million of the singer’s money.

The discovery was made after special administrators to the estate informed a Judge Monday (Sept. 24) of the trustee’s misappropriation. As a result, state circuit Judge Jack Early ordered David Cannon, the ex-trustee to pay $370,000 back to the estate, on top of $350,000 he repaid last month.

The Associated Press reports that Early gave Cannon 10 days to repay the additional $370,000 and 20 days to pay $30,000 for attorney fees and to produce other documents.

Louis Levenson, an attorney for several of Brown’s adult children and grandchildren, mentioned that other trustees for the Brown estate also mishandled late singer’s money, and that his clients are trying to remove all three trustees and have special administrators appointed to handle the estate.

In the meantime, James is rolling over and doing splits in his grave from not being able to pimp slap the people who are supposed to be handling his business.
courtesy of allhiphop.com

1 comment:

Anonymous said...

You write very well.